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LIBF managing director of corporate and professional qualifications, Brian Wilkinson says the Institute’s test will highlight deficits in both technical knowledge and soft skills.

He says: “We are developing a blueprint. LIBF is in consultation with the FCA concerning the test and we will also be consulting industry stakeholders through our Regulatory Education Advisory Panel.

“Our test will help firms identify training needs. An adviser who has been asked to sit the test and fails will have to undertake training to bring skills and knowledge to an acceptable level. Moreover, the adviser will have to re-take the test to demonstrate compliance with the FCA standard.”

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21st January 20193:05 pm

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